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That's... interesting. The choice of XRP is not the most obvious. I would understand BTC, ETH, or even DOGE. I mean, memecoin for a kid's game sounds like one of the most obvious things.
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I think it's just a pointless trend like NFT. I wouldn't try that out if I didn't have thousands of dollars that I could lose.
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I think Bitcoin have gain more popularity to the level that people no longer go into panic selling when any negative news about Bitcoin came up, people mostly sees it as a long time investment, that's why it's displaying less volatility.
Investors have more faith now in Bitcoin because it always fight back in value no matter how the price depreciate.
Well, more people realized that. But definitely not all of them. There are still a lot of people who want to enter the crypto world to become rich quickly, fail to do that, and abandon it forever or for a long time. |
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its pretty normal considering its coming from paypal, even the other stablecoin out there also has the same features so i'm not really surprised.
considering paypal is just company seeking profit they want to comply with all regulation there is so to not getting into problems.
after all in this product they will definitely also apply the same term and conditions that they have in their platform.
and i'm also sure that there will be many people that use it because you know its paypal even though coins like USDT and many more are actually just better.
True. I can't see any reasons to use it besides if you're not in crypto at all and have been using PayPal for years and for some reason you trust them. Anyone with a little bit of understanding of crypto just won't bother to think about using it. |
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I'm looking at it every day since I'm still keeping it in OWNR wallet. I never sold any BTC so I don't have any regrets, I just wish sometimes I bought more when it was cheaper, but I suppose everyone feels that sometimes.
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Crypto influencers are just part of the community. They can be considered as the information providers. Further it needs to be our knowledge to analyse and find the right one or to stay away of its a scam. One of the popular person who had good reputation and spoilt his name over time is John McAfee. He is no more and he was much praised, but at some point he started to promote projects without reason. Cryptomarket is something highly unpredictable and the same lets crypto influencers try to make money out of the market movements.
They are not a part of the community. They usually copy posts from each other, ask pointless things to gain activity, and promote shitcoins they don't believe in just because they have been paid. |
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OP us so busy that he's not responding to anyone. Funny thing is that there are 2 threads about this coin already, and it seems like someone just made a shitcoin and trying to promote it, nothing more.
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I'll add here an LTC. A good coin for transactions that most likely won't have a big future. but will be used by some. I think they are similar in that with all those.
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Well here is 1 crpyto influencer that we know did use his fame to rugpull. Youtuber Logan Paul has said he is working on paying back investors after his crypto NFT project called 'CryptoZoo' reportedly rugpulled.
But he is blocking his comments on his twitter account. He knows what he has done is wrong. How can we think he will pay them back if he ignores them on his twitter account.
He's not the only one with a similar case, he's just the biggest one. There are only 10% of them or less who are kinda trust-worthy. |
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The cryptocurrency market is still relatively young and can be influenced by events that impact overall market sentiment. If a major stablecoin like Tether were to falter, it could lead to a decrease in overall confidence in the cryptocurrency market, potentially causing broader market declines.
Depends on how shaky it gets. Every now and then its price gets decoupled from the dollar, but that's only a small negative. I'm honestly afraid to even imagine what would happen to the market if usdt goes down halfway. I don't want that to happen, but I think it would be at least interesting to see how the world will react if USDT goes down. I mean, Bitcoin will come back sooner or later anyway, but a lot of influencers and scammers will fall. |
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Not yet over but more likely just staying around quietly because there are still NFTs been bought and sold in the market that's why it's not yet over. The market sentiments we have dictates the trend and hype of every projects, NFTs are not exempted of that. Nonetheless, NFTs will surely began to make a hype once we are entering the bull market seasons next year or two.
But I'm not sure, there's only a slight chance for the NFT hype to return to its original state. Many of the NFT owners sell their NFTs at a low price. The NFT hype is over and replaced with the memecoin and other altcoin hype. The bullrun season still seems to be focused on Bitcoin and some potential altcoins. For NFTs, maybe only a few are starting to rise, but that doesn't guarantee to reach the top price again. I hope it won't come. NFT space is pointless and it seems like there are more scamming in this space than in any other crypto market. |
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not too strong for me because there are many needs that I have to fulfill, little by little I have released my btc and now the remaining btc that I bought when btc was priced at 40k $ and above yesterday, and I will survive for 2024 with the remaining btc that I have however if I could afford it I would repurchase periodically
Sorry to hear that. Don't feel bad for selling it, your survival and needs are most important. Damn, the whole reason for investing is to be prepared for the things like that. When the time will come perhaps you'll buy even more. |
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I'm paid in another coin and it's fine. But I don't think people would do it massively
Exactly, at least until crypto will be massively accepted. But that's not gonna happen soon. |
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Dogecoin is the first meme coin.
Shiba Inu is copycat from Dogecoin.
Floki, Babydogecoin, and Mona are copycat from Shiba Inu.
Pepe is first shitcoin run in BRC-20 chain.
You're forget with Bone ShibaSwap, Dogelon Mars, Doge Killer, and Dejitaru Tsuka where all of them are shitcoins.
If you want to buy meme coin, you should only choose in Dogecoin.
You response makes me feel like you are a memecoin lord..  Seems you've invested in all and you still prefer doge to all. I think that's kinda obvious even without investing in memecoins. If you're just interested in markets, know how crypto works, and watch the news you'll figure that out. |
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Because a lot of things changed and the creation outlived the creator. Bitcoin still can be digital money, but it also can be an asset. It depends on what you want to do with it.
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I will not say that the project is useless, but I will say that when a project becomes famous in the meme coins, several projects related to that name emerge in the market. During the last bull run, I noticed that investors invested a significant amount of money in meme coins, and we cannot predict the trend of the next bull run. Investors also want to earn quick money, which is why they invest in meme coins. Personally, I avoid investing in meme coins because the risk ratio is quite high.
Yes invest large amount in meme coin it will be very risky and better to avoid it, hoping to make big profits fast is too much, if you really want to invest in meme coins it's better to invest your money in small amounts. I think people can decide how much they want to invest. The higher the risk - the higher reward. I mean, I don't want to invest in memecoins at all, but if a person realizes that it's a huge risk he can do whatever he wants. If you don't want to invest a lot it doesn't mean others shouldn't. |
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Yes, exchanges and bitcoin are two completely separate things. But it affects investor psychology, anyone is bewildered when an exchange has Fud, speculators will immediately take profits or cut losses to minimize risks.
Although they are a different thing, as long as fiat remains the main method of payment, then people will need exchanges to obtain Bitcoin. There's no way around it. The moment Bitcoin is used for most goods and services will be the time when exchanges are not needed any more. You don't need an exchange to buy Bitcoin. At least centralized ones like Binance. There are a lot of P2P exchanges. |
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Banks may be in the game, but it doesn't mean I'm gonna use them. I always kept my Bitcoin in OWNR wallet with other coins, and I will keep doing that. I don't think that you'll be actually holding your coins if you'd buy them in banks. It's not better, or maybe even worse than holding them on exchanges.
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With most altcoins - yes, definitely. But not with Bitcoin. At least if you are here in the long-term. Short-term trading is kinda like gambling too.
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I trust it enough to use it, not to hold it. But who's holding stablecoins anyway, right?
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